Washington, D.C. – March 2025 – President Donald J. Trump was the first sitting U.S. president in history to address Blockworks Digital Asset Summit a crypto conference.
Trump outlined in his address his administration’s commitment to establishing a pro-crypto regulatory environment, securing U.S. dominance in the digital asset market he said this on the digital asset summit and rolling back policies of the previous administration that he claimed hindered growth in the space.
A New Crypto Policy Era for America
Speaking to a group of crypto visionaries, investors, and leaders, President Trump called attention to the future positioning that digital assets will have in the finance sector.
To everyone at the Blockworks Digital Asset Summit, great to talk to you about how the “United States is going to be winning in crypto and the next generation of financial technologies,” Trump declared. “And it won’t be easy, but we’re way ahead.”.
Trump also pointed out the first-ever White House Digital Asset Summit just two weeks prior, where the world’s top crypto moguls gathered under discussions led by the administration’s AI and crypto advisor, David Sacks.
The president continued to issue the creation of the Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile, whose ultimate objective is to maximize the government’s holding rather than selling them for undervalued prices, which he disapproved his former president’s doing.
Ending the ‘Regulatory War’ on Crypto
Trump took a strong stance against restrictive crypto regulations, vowing to overturn what he called Operation Choke Point 2.0, a controversial effort he described as government weaponization against digital assets.
“As of January 20, 2025, all of that is over,” he declared, signaling a shift in federal policy. “We’re ending the last administration’s regulatory war on crypto and Bitcoin.”
Legislation for Stablecoins on Digital Asset summit
The president requested Congress to enact comprehensive legislation that will provide clear regulatory direction for stablecoins and market structure, enabling institutional investors to engage with confidence.
He insisted that properly regulated, U.S. dollar-backed stablecoins would reinforce the paramount position of the U.S. dollar in global finance.
“With the right legal system, small and large institutions will be able to invest, innovate, and join in one of the most thrilling technological revolutions of modern history,” Trump continued. “Visionaries such as yourselves will be able to improve our banking security and create wealth for American consumers and businesses alike.”
America the ‘Bitcoin Superpower’
Trump concluded his address by reaffirming his vision of the United States becoming the global leader in blockchain technology and cryptocurrency.
“Along with our friends, we are going to make America the unchallenged Bitcoin superpower and the crypto capital of the world,” he declared, which was greeted by a standing ovation by the audience.
The speech was a key juncture for U.S. government relations with the cryptocurrency market, a potential turning point in the direction of a more liberal regulatory environment during the Trump administration.
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